2. The trustee faithfully and properly fulfilled the duties enumerated in 11 U.S.C. §704.

UNITED STATES BANKRUPTCY COURT

In re: § Case No.

§

§

§

YERKES, ANDREW J.

YERKES, KARLEE J.

16-82190-TML

NORTHERN DISTRICT OF ILLINOIS

Debtor(s)

TRUSTEE'S FINAL REPORT (TFR)

The undersigned trustee hereby makes this Final Report and states as follows:

1. A petition under Chapter 7 of the United States Bankruptcy Code

was filed on September 16, 2016. The undersigned trustee was appointed on November 30, 2016.

WESTERN DIVISION

3. All scheduled and known assets of the estate have been reduced to cash, released to

the debtor as exempt property pursuant to 11 U.S.C. § 522, or have been or will be abandoned

pursuant to 11 U.S.C. § 554

disposition of all property of the estate is attached as Exhibit A.

. An individual estate property record and report showing the

$

$

The remaining funds are available for distribution.

Leaving a balance on hand of

Other payments to the debtor

Non-estate funds paid to 3rd Parties

4. The trustee realized the gross receipts of

Funds were disbursed in the following amounts:

Administrative expenses

Other payments to creditors

17,800.00

0.00

0.00

0.00

0.00

17,782.08 1

Payments made under an

interim distribution

Exemptions paid to the debtor

0.00

0.00

Bank service fees 17.92

5. Attached as Exhibit B is a cash receipts and disbursements record for each estate bank

account.

UST Form 101-7-TFR (05/1/2011)

1The balance of funds on hand in the estate may continue to earn interest until disbursed. The interest

earned prior to disbursement will be distributed pro rata to creditors within each priority category. The trustee may

receive additional compensation not to exceed the maximum compensation set forth under 11 U.S.C. § 326(a) on

account of the disbursement of the additional interest.

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 1 of 10
which will receive a distribution have been examined and any objections to the allowance

of claims have been resolved. If applicable, a claims analysis, explaining why payment on any

claim is not being made, is attached as

7. The Trustee's proposed distribution is attached as

Exhibit C

Exhibit D

6. The deadline for filing non-governmental claims in this case was 02/09/2017

.

.

and the deadline for filing governmental claims was 03/15/2017. All claims of each class

8. Pursuant to 11 U.S.C. § 326(a), the maximum compensation allowable to the trustee is

compensation may increase.

received reimbursement for reasonable and necessary expenses in the amount of

$2,530.00. To the extent that additional interest is earned before case closing, the maximum

The trustee has received $0.00 as interim compensation and now requests the

sum of $2,530.00, for a total compensation of $2,530.00. In addition, the trustee

and now requests reimbursement for expenses of $0.00, for total expenses of

$0.00.

$0.00

2

2

/s/STEPHEN G. BALSLEY

Pursuant to Fed R Bank P 5009, I hereby certify, under penalty of perjury, that the

foregoing report is true and correct.

Date: By:

STATEMENT: This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork Reduction

Act exemption 5 C.F.R. §1320.4(a)(2) applies.

05/01/2017

Trustee, Bar No.: 0104841

UST Form 101-7-TFR (05/1/2011)

2 If the estate is administratively insolvent, the dollar amounts reflected in this paragraph

may be higher than the amounts listed in the Trustee's Proposed Distribution (Exhibit D)

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 2 of 10
Filed (f) or Converted (c):

Claims Bar Date:

Form 1

Individual Estate Property Record and Report

Asset Cases

Period Ending: 05/01/17

Trustee: STEPHEN G. BALSLEY

Asset Description

(Scheduled And Unscheduled (u) Property)

Petition/

Unscheduled

Values

Estimated Net Value

(Value Determined By Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

Abandoned

OA=§554(a)

Sale/Funds

Received by

the Estate

Asset Fully

Administered (FA)/

Gross Value of

Remaining Assets

1 2 3 4 5 6

Case Number:

Page: 1

16-82190-TML

02/09/17

Ref. #

Case Name: YERKES, ANDREW J. 

YERKES, KARLEE J. §341(a) Meeting Date: 11/03/16

09/16/16 (f)

(330410)

Exhibit A

1 3803 Greenwood Dr., Wonder Lake, IL 60097 148,279.83 0.00 0.00 FA

2 Cash 5.00 0.00 0.00 FA

3 Checking: Chase Bank 903.00 0.00 0.00 FA

4 Checking: Chase Bank 126.00 0.00 0.00 FA

5 Savings: Chase Bank 79.00 0.00 0.00 FA

6 Checking: Intouch Credit Union 25.00 0.00 0.00 FA

7 Cable service: Comcast 100.00 0.00 0.00 FA

8 Living room furniture; bedroom furniture 1,500.00 0.00 0.00 FA

9 Three televisions; two gaming consoles; one 1Pad 1,200.00 0.00 0.00 FA

10 Mens and Womens clothing 200.00 0.00 0.00 FA

11 Wedding rings, costume jewelry 500.00 0.00 0.00 FA

12 Acoustic guitar 50.00 0.00 0.00 FA

13 Smith & Wesson 40, Winchester 12 gauge, ar 15 2,000.00 0.00 0.00 FA

14 Erie Insurance - Term life Insurance: Andrew Yer 0.00 0.00 0.00 FA

15 401K 500.00 0.00 0.00 FA

16 401K 500.00 0.00 0.00 FA

17 2010 GMC Sierra 25,000.00 0.00 0.00 FA

18 2009 Nissan Murano 13,000.00 0.00 0.00 FA

19 1975 Snowmobile 50.00 0.00 0.00 FA

20 Go Kart 150.00 0.00 0.00 FA

21 Four dogs, one cat 50.00 0.00 0.00 FA

Preferential Transfer to Parent (u)

See Order to Compromise Controversy entered April

10, 2017.

22 50,000.00 50,000.00 17,800.00 FA

22 Assets Totals (Excluding unknown values) $244,217.83 $50,000.00 $17,800.00 $0.00

Major Activities Affecting Case Closing:

Printed: 05/01/2017 11:37 AM V.13.30

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 3 of 10
Filed (f) or Converted (c):

Claims Bar Date:

Form 1

Individual Estate Property Record and Report

Asset Cases

Period Ending: 05/01/17

Trustee: STEPHEN G. BALSLEY

Asset Description

(Scheduled And Unscheduled (u) Property)

Petition/

Unscheduled

Values

Estimated Net Value

(Value Determined By Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

Abandoned

OA=§554(a)

Sale/Funds

Received by

the Estate

Asset Fully

Administered (FA)/

Gross Value of

Remaining Assets

1 2 3 4 5 6

Case Number:

Page: 2

16-82190-TML

02/09/17

Ref. #

Case Name: YERKES, ANDREW J. 

YERKES, KARLEE J. §341(a) Meeting Date: 11/03/16

09/16/16 (f)

(330410)

Exhibit A

Initial Projected Date Of Final Report (TFR): April 29, 2017 Current Projected Date Of Final Report (TFR): April 29, 2017 (Actual)

Printed: 05/01/2017 11:37 AM V.13.30

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 4 of 10
Blanket Bond:

Separate Bond:

Description of Transaction

Form 2

Cash Receipts And Disbursements Record

05/01/17

Taxpayer ID #: **-***5807

Case Number:

Bank Name:

$6,620,000.00 (per case limit)

******7666 - Checking Account

Rabobank, N.A.

Trans.

Date

{Ref #} /

Check # Paid To / Received From

Receipts

$

Disbursements

$ Account Balance

Checking

Trustee: STEPHEN G. BALSLEY (330410)

Page: 1

16-82190-TML

Case Name: YERKES, ANDREW J.

YERKES, KARLEE J.

N/A

1 2 3 4 5 6 7

Account:

Period Ending:

T-Code

Exhibit B

Settlement to Preferential Payments to Parents 17,800.00

Pursuant to Order to Compromise Controversy

entered April 10, 2017

04/06/17 {22} Karlee J. Yerkes 1241-000 17,800.00

04/28/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 17.92 17,782.08

ACCOUNT TOTALS 17,800.00 17.92 $17,782.08

Less: Bank Transfers 0.00 0.00

Subtotal 17,800.00 17.92

Less: Payments to Debtors 0.00

NET Receipts / Disbursements $17,800.00 $17.92

17,800.00 17.92 17,782.08

Net

Receipts

Net

Disbursements

Account

Balances

Checking # ******7666

TOTAL - ALL ACCOUNTS

$17,800.00 $17.92 $17,782.08

{} Asset reference(s) Printed: 05/01/2017 11:37 AM V.13.30

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 5 of 10
Claim

Number

Claimant Name /

<Category>, Priority

Amount Filed/

Allowed

Paid 

to Date

Case: 16-82190-TML YERKES, ANDREW J.

Claim Type/

Date Filed

Printed: 05/01/17 11:37 AM Page: 1

Exhibit C

Claim

Balance

Claim Ref./

Notes

Claims Bar Date: 02/09/17

$2,530.00

$2,530.00

<2100-00 Trustee Compensation>, 200

09/16/16

STEPHEN G. BALSLEY Admin Ch. 7

ROCKFORD, IL 61108

6833 STALTER DRIVE

$0.00 $2,530.00

$4,125.12

$5,380.00

<3210-00 Attorney for Trustee Fees (Other Firm)>, 200

09/16/16

Barrick, Switzer, Long, Balsley & Van

Evera

Admin Ch. 7

Voluntary reduction of attorney's fees by $1,254.88 (23%) in order to

allow a 100% distribution to creditors.

Rockford, IL 61108

6833 Stalter Drive

$0.00 $4,125.12

$0.00

$13,846.65

<4110-00 Real Estate--Consensual Liens (mortgages, deeds of trust, PMSI)>, 100

1

11/29/16

Intouch Credit Union Secured

POB 250169

Plano, TX 75025

--------------------------------------------------------------------------------* * *

Claim No. 1 is allowed as a secured claim but disallowed for purposes

of distribution. The Bankruptcy Code having no provision for payment

of secured claims out of the general funds of the Chapter 7 Bankruptcy

Estate.

Plano, TX 75025

POB 250169

* $0.00 $0.00

$1,165.70

$1,165.70

<7100-00 General Unsecured § 726(a)(2)>, 610

2

02/01/17

Synchrony Bank Unsecured

c/o PRA Receivables Management, LLC

PO Box 41021

Norfolk, VA 23541

--------------------------------------------------------------------------------* * *

Norfolk, VA 23541

c/o PRA Receivables Management, LLC

PO Box 41031

$0.00 $1,165.70

$6,234.23

$6,234.23

<7100-00 General Unsecured § 726(a)(2)>, 610

3

02/01/17

PYOD, LLC its successors and assigns

as assignee

Unsecured

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

Greenville, SC 29602

--------------------------------------------------------------------------------* * *

Greenville, SC 29602

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

$0.00 $6,234.23

$3,727.03

4 $3,727.03

02/03/17

PYOD, LLC its successors and assigns

as assignee

Unsecured

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

Greenville, SC 29602

--------------------------------------------------------------------------------* * *

Greenville, SC 29602

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

$0.00 $3,727.03

(*) Denotes objection to Amount Filed

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 6 of 10
Claim

Number

Claimant Name /

<Category>, Priority

Amount Filed/

Allowed

Paid 

to Date

Case: 16-82190-TML YERKES, ANDREW J.

Claim Type/

Date Filed

Printed: 05/01/17 11:37 AM Page: 2

Exhibit C

Claim

Balance

Claim Ref./

Notes

Claims Bar Date: 02/09/17

<7100-00 General Unsecured § 726(a)(2)>, 610

Case Total: $0.00 $17,782.08

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 7 of 10
Case No.:

Case Name:

Trustee Name:

Exhibit D

16-82190-TML

YERKES, ANDREW J.

STEPHEN G. BALSLEY

TRUSTEE'S PROPOSED DISTRIBUTION

Claims of secured creditors will be paid as follows:

Claimant Proposed

Payment

Balance on hand: $ 17,782.08

Claim

No.

Interim Payments

to Date

Allowed Amount

of Claim

Claim

Asserted

1 Intouch Credit Union 13,846.65 0.00 0.00 0.00

Remaining balance: $ 17,782.08

Total to be paid to secured creditors: $ 0.00

Applications for chapter 7 fees and administrative expenses have been filed as follows:

Reason/Applicant Interim Payments

to Date

Proposed

Payment

Total Requested

Trustee, Fees - STEPHEN G. BALSLEY 2,530.00 0.00 2,530.00

Attorney for Trustee, Fees - Barrick, Switzer, Long, Balsley 4,125.12

& Van Evera

0.00 4,125.12

Remaining balance: $ 11,126.96

Total to be paid for chapter 7 administration expenses: $ 6,655.12

Applications for prior chapter fees and administrative expenses have been filed as follows:

Reason/Applicant Interim Payments

to Date

Proposed

Payment

Total Requested

None

Remaining balance: $ 11,126.96

Total to be paid for prior chapter administrative expenses: $ 0.00

In addition to the expenses of administration listed above as may be allowed by the

Allowed priority claims are:

general (unsecured) creditors.

Court, priority claims totaling $0.00 must be paid in advance of any dividend to

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

None

UST Form 101-7-TFR (05/1/2011)

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 8 of 10
The actual distribution to wage claimants included above, if any, will be the proposed

payment less applicable withholding taxes (which will be remitted to the appropriate taxing

authorities).

Remaining balance: $ 11,126.96

Total to be paid for priority claims: $ 0.00

Timely allowed general (unsecured) claims are as follows:

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

only after all allowed administrative and priority claims have been paid in full.

Timely claims of general (unsecured) creditors totaling $ 11,126.96 have been allowed and

The timely allowed general (unsecured) dividend is anticipated to be 100.0 percent,

will be paid pro rata

Interim Payments

to Date

plus interest (if applicable).

2 Synchrony Bank 1,165.70 0.00 1,165.70

PYOD, LLC its successors and assigns as

assignee

3 6,234.23 0.00 6,234.23

PYOD, LLC its successors and assigns as

assignee

4 3,727.03 0.00 3,727.03

Remaining balance: $ 0.00

Total to be paid for timely general unsecured claims: $ 11,126.96

Tardily filed general (unsecured) claims are as follows:

allowed and will be paid pro rata only after all allowed administrative, priority and timely filed

Tardily filed claims of general (unsecured) creditors totaling $ 0.00 have been

to be 0.0 percent, plus interest (if applicable).

general (unsecured) claims have been paid in full. The tardily filed claim dividend is anticipated

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

None

Remaining balance: $ 0.00

Total to be paid for tardy general unsecured claims: $ 0.00

UST Form 101-7-TFR (05/1/2011)

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 9 of 10
Subordinated unsecured claims for fines, penalties, forfeitures or damages and claims

ordered subordinated by the Court are as follows:

pro rata only after all allowed administrative, priority and general (unsecured) claims have been paid

ordered subordinated by the Court totaling $ 0.00 have been allowed and will be paid

in full. The dividend for subordinated unsecured claims is anticipated to be 0.0 percent,

Subordinated unsecured claims for fines, penalties, forfeitures, or damages and claims

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

plus interest (if applicable).

None

Remaining balance: $ 0.00

Total to be paid for subordinated claims: $ 0.00

UST Form 101-7-TFR (05/1/2011)

Case 16-82190 Doc 42 Filed 05/26/17 Entered 05/26/17 13:43:21 Desc Main

 Document Page 10 of 10